The cow is tethered at point \( A \), and the rope forms an arc of a circle with radius 8 m, but it cannot enter triangle \( \Delta ABC \). Therefore, the grazed area is part of a sector of a circle, but we need to subtract the area of triangle \( ABC \) from it.
The angle \( \angle BAC = 30^\circ \) and the radius of the sector is 8 m.
The area of a sector is given by:
\[
\text{Area of sector} = \frac{\theta}{360^\circ} \times \pi r^2
\]
where \( \theta \) is the central angle and \( r \) is the radius. For our case, we have:
\[
\text{Area of sector} = \frac{30^\circ}{360^\circ} \times \pi \times 8^2 = \frac{1}{12} \times \pi \times 64 = \frac{64 \pi}{12} = \frac{16 \pi}{3} \, \text{sq. m}.
\]
Thus, the grazed area is \( \frac{16 \pi}{3} \) square meters.